In 2025, Bitcoin is expected to continue rising. From the perspective of market supply and demand, the halving in April 2024 will significantly reduce the new Bitcoin output, highlighting its scarcity. On the demand side, institutional investors' enthusiasm remains high, with financial giants like BlackRock continuously increasing their holdings and substantial funds pouring into the market. Furthermore, the instability of the global economic environment has led investors to seek more promising safe-haven assets, and Bitcoin, as 'digital gold', is highly favored. Various factors are driving the further increase in Bitcoin prices.